Bitcoin.com wallet adds ERC-20 tokens

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The Bitcoin.com team is delighted to announce the integration of ERC-20 tokens into the Bitcoin.com wallet. This means anyone can now buy, sell, receive, store, trade and send ERC-20 tokens with the convenience and security of the industry’s most user-friendly non-custodial wallet.

ERC-20 tokens?

ERC-20 is the standard protocol for creating tokens on the Ethereum blockchain. There are over 450,000 sets of ERC-20 tokens in 2021 and they collectively represent hundreds of billions of dollars in value. All ERC-20 tokens “live” on Ethereum, which means they have the security of the second largest blockchain by market cap and are composable with smart contracts.

ERC-20 assistance organized

All Ethereum compatible tokens sent to Ethereum addresses in your Bitcoin.com wallet are safe and secure. However, since there are hundreds of thousands of ERC-20 tokens, it is impractical to display all of them in the wallet. That’s why we start by “following” a selection of the most used ERC-20 tokens. For example, when you open the wallet, you will now have quick access to USDT and USDC USD cryptocurrencies. In addition, the wallet will immediately follow five other major ERC-20 tokens. These are Uniswap, Wrapped BTC, Compound, Yearn Finance, and Sushiswap.

Lock in your profits with the most popular USD indexed stable coins

With USDT and USDC now supported, you can trade more volatile cryptoassets like Bitcoin and Ethereum to, for example, lock in your profits if you think the market is overheated. Then trade in for the coins you think need to be raced.

Buy and Sell Stablecoins with Cash

If you are in a supported region, you can purchase USDT and USDC in the Bitcoin.com wallet using local currency (by credit card, etc.). If you are located in the US, UK, or EU, you can sell USDT or USDC and receive the local currency directly to your bank account.

Send, receive and exchange

The Bitcoin.com wallet supports all other functions of ERC-20 tokens for all users. This means that you can send and receive them, exchange them for any of the other crypto assets in the wallet and, of course, store them securely.

Your crypto-assets, under your control

Bitcoin.com is committed to supporting economic freedom, which is why our wallet is completely non-custodial. This means that you are in total control of your crypto. No need to ask for authorization from a centralized exchange to instantly send your assets where you want, when you want. You will never be “twisted” and you are not exposed to the risk of piracy or bankruptcy of a third party. Of course, with great power comes great responsibility, so don’t forget to back up the “keys” to your wallet and adhere to password management best practices.

Bitcoin.com wallet is now also on the web / desktop

If you are already using the Bitcoin.com wallet on mobile, you can leverage your existing account to view and interact with your assets in a desktop dashboard. Track your portfolio and get real-time market data; receive, trade, buy, and sell cryptocurrency, all from the spacious space of your desktop, tablet, or any browser-enabled device.

Image credits: Shutterstock, Pixabay, Wiki Commons

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